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On CNBC’s “Halftime Report Final Trades,” Brenda Vingiello of Sand Hill Global Advisors said CVS Health Corp. (NYSE:CVS) was “trading at just 10 times earnings.” The impact of the star rating data is likely to be “made up for with ongoing cost-cutting initiatives and share repurchases,” she added.
Jason Snipe of Odyssey Capital Advisors said Hess Corp’s (NYSE:HES) stock had risen by more than 70% year to date. He added that he liked their offshore exposure to Guyana, which is “a strategic vertical.”
Check out other stocks making moves in the premarket.
Stephen Weiss of Short Hills Capital Partners said he had bought more shares of ProShares Short QQQ ETF (NYSE:PSQ). “Stock market is going to go lower, for sure,” he mentioned.
Joseph Terranova of Virtus Investment Partners recommended Dollar Tree Inc. (NASDAQ:DLTR) and Dollar General Corp. (NYSE:DG). Considering Home Depot Inc, (NYSE:HD), consumers are likely to go to either Dollar Tree or Dollar General.
